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Equity and Share-Based Compensation
3 Months Ended
Mar. 31, 2025
Equity [Abstract]  
Equity and Share-Based Compensation Equity and Share-Based Compensation
Weighted-Average Common Shares Outstanding
Three Months Ended
March 31,
(in millions)20252024
Weighted-average number of common shares outstanding – basic3,768 3,959 
Effect of dilutive securities16 34 
Weighted-average number of common shares outstanding – diluted3,784 3,992 
Antidilutive securities218 162 
Weighted-average common shares outstanding used in calculating diluted earnings per common share attributable to Comcast Corporation shareholders (“diluted EPS”) considers the impact of potentially dilutive securities using the treasury stock method. Antidilutive securities represent the number of potential common shares related to share-based compensation awards that were excluded from diluted EPS because their effect would have been antidilutive.
Accumulated Other Comprehensive Income (Loss)
(in millions)March 31,
2025
December 31,
2024
Cumulative translation adjustments$(1,530)$(2,474)
Deferred gains (losses) on cash flow hedges65 106 
Unrecognized gains (losses) on employee benefit obligations and other269 325 
Accumulated other comprehensive income (loss), net of deferred taxes$(1,197)$(2,043)
Share-Based Compensation
Our share-based compensation plans consist primarily of awards of restricted share units (“RSUs”) and stock options to certain employees and directors as part of our long-term incentive compensation structure. Additionally, through our employee stock purchase plans, employees are able to purchase shares of our common stock at a discount through payroll deductions.
In March 2025, we granted 40 million RSUs and 1 million stock options under our annual management awards program. The weighted-average fair values associated with these grants were $35.78 per RSU and $7.21 per stock option. During the three months ended March 31, 2025 and 2024, share-based compensation expense recognized in our condensed consolidated statements of income was $321 million and $303 million, respectively. As of March 31, 2025, we had unrecognized pretax compensation expense of $3.0 billion related to unvested RSUs and unvested stock options.